Answer:
<em>A. Housing and utilities. </em>
Explanation:
<u><em>It would be part of your house and it's a utility that come with an apartment so it's part of rent.</em></u>
<u><em>Hope This Helps!</em></u>
<u><em>- Justin:)</em></u>
A. A decrease in assets and decrease in Stockholders' equity.
B. No journal entry in necessary until products under warranty are returned.
C. An increase in stockholders' equity and a decrease in liabilities.
D. A decrease in stockholders' equity and an increase in liabilities.
Answer: D. A decrease in stockholders' equity and an increase in liabilities.
Explanation: Liability can simply be described as debt or what is owed by a firm, whereas the equity of the stockholders refers to assets or possession of a firm once liabilities have been deducted. In the scenario above, the expected returns have not been made as envisaged based on data from previous years, the 3% expected return which is covered by warranty will be added to liability which means liability increases as the buyers are either refunded or issued new helmets. Once liability increases, stockholders equity will also decrease as it involves the deduction of liabilities.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
At the normal capacity of 16,000 units, budgeted manufacturing overhead is $64,000 variable and $180,000 fixed. If Chambers had actual overhead costs of $250,000 for 18,000 units produced.
Variable overhead rate= 64,000/16,000= $4
Overhead variance= real - allocated
Overhead variance= 250,000 - (4*18,000 + 180,000)= 250,000 - 252,000= 2,000 favorable
Potential competition exists
Answer:
Bricklayer
Explanation:
This is because with Bricklayer, you are doing physical work, physical construction, which happens to be laying bricks.
